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Apr 2013 Stats Update
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Lowest inventory since 2006
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Sales were up 14%(compared to 3-yr avg)
The median price was $449,900, an increase of $28,900 from 2012(+6.9%).
The average price was $510,834, a increase of $28,315 from 2012(+5.6%).
Sales at 1611 were up 29, or +1.8% from 2012.
Inventory was down by 526, or -15% from 2012.
New listings were up by 123, or +5.4% from 2012.
There's a 54-day supply of homes on the market. Last year we had a 66-day supply.
24% of the homes sold in the last 3 days of Apr went for list price or higher
55% of the homes listed in March already have a firm sale
Historical Comparisons to the average of the past 3 years:
Sales were up 14%
New listings were down -6%
Inventory was down -30%
Median price is up 7.3%
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Mar 2013 Stats Update
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Highest median price ever
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Lowest inventory since 2007
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Sales were up 2.8%(compared to 3-yr avg)
The median price was $450,500, an increase of $$38,000 from 2012(+9.2%).
The average price was $518,420, a increase of $45,955 from 2012(+9.7%).
Sales at 1480 were down 96, or -6.1% from 2012.
Inventory was down by 641, or -19% from 2012.
New listings were down by 112, or -4.8% from 2012.
There's a 54-day supply of homes on the market. Last year we had a 63-day supply.
17% of the homes sold in the last 4 days of Mar went for list price or higher
Historical Comparisons to the average of the past 3 years:
Sales were up 2.8%
New listings were down -14%
Inventory was down -28%
Median price is up 9.2%
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Feb 2013 Stats Update
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Highest avg price ever
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Lowest inventory since 2007
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Sales were up 3.8%(compared to 3-yr avg)
The median price was $437,500, an increase of $$24,500 from 2012(+5.9%).
The average price was $518,452, a increase of $49,696 from 2012(+11%).
Sales at 1209 were down 81, or -6.3% from 2012.
Inventory was down by 687, or -22% from 2012.
New listings were down by 137, or -6.8% from 2012.
There's a 60-day supply of homes on the market. Last year in Feb we had a 72-day supply.
17% of the homes sold in the last 4 days of Feb went for list price or higher
Historical Comparisons to the average of the past 3 years:
Sales were up 3.8%
New listings were down -12%
Inventory was down -25%
Median price is up 7.2%
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Jan 2013 Stats Update
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Highest Jan price ever
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Lowest inventory since 2007
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Sales were up 13%
The median price was $435,500, an increase of $$40,500 from 2012(+10%).
The average price was $496,578, a increase of $57,895 from 2012(+13%).
Sales at 879 were up 106, or +14% from 2012.
Inventory was down by 907, or -30% from 2012.
New listings were down by 3, or -0.2% from 2012.
There's a 72-day supply of homes on the market. Last year in Jan we had a 114-day supply.
13% of the homes sold during the last week of Jan went for list price or higher
Historical Comparisons to the average of the past 3 years:
Sales in Jan were up 13%
New listings were down -5.8%
Inventory was down -26%
Median price is up 10%
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Dec 2012 Stats Update
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Highest Dec price ever
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Lowest inventory since 2005
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Year-to-date sales were up 15%
The median price was $420,000, an increase of $$25,000 from 2011(+6.3%).
The average price was $496,636, an increase of $41,644 from 2011(+9.2%).
Sales at 745 were up 28, or +3.9% from 2011.
Inventory was down by 905, or -33% from 2011.
New listings were down by 127, or -16.9% from 2011.
There's a 75-day supply of homes on the market. Last year in Dec we had a 114-day supply.
11% of the homes sold during the last two weeks of Dec went for list price or higher
Historical Comparisons to the average of the past 3 years:
Sales in Dec were down 1%
New listings were down -19%
Inventory was down -26%
Median price is up 6.4%
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Nov 2012 Stats Update
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Highest Nov price ever
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Lowest inventory since 2005(will there be a repeat of the buying frenzy of spring 2006?)
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Year-to-date sales are up 16%
The median price was $420,000, an increase of $17,075 from 2011(+4.2%).
The average price was $488,311, an increase of $17,646 from 2011(+3.7%).
Sales at 1006 were up 44, or +4.6% from 2011.
Inventory was down by 1179, or -31% from 2011.
New listings were down by 128, or -10% from 2011.
There's a 78-day supply of homes on the market. Last year in Nov we had a 117-day supply.
8% of the homes sold during the last week of Nov went for list price or higher
Historical Comparisons to the average of the past 3 years:
Sales in Nov were up 2.3%
New listings were down -13%
Inventory was down -25%
Median price is up 4.1%
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Oct 2012 Stats Update
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Highest Oct price ever
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78-day supply of homes on market alarmingly low
The median price was $430,000, an increase of $35,000 from 2011(+8.9%).
The average price was $492,776, an increase of $37,377 from 2011(+8.2%).
Sales at 1174 were up 186, or +19% from 2011.
Inventory was down by 1381, or -31% from 2011.
New listings were down by 181, or -10% from 2011.
There's a 78-day supply of homes on the market. Last year in Oct we had a 135-day supply.
9% of the homes sold during the last week of Oct went for list price or higher
Historical Comparisons to the average of the past 3 years:
Sales in Oct were up 11%
New listings were down -9.9%
Inventory was down -22%
Median price is up 8.1%
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Sep 2012 Stats Update
Year-to-date sales up 17%, inventory down 27%
The median price was $412,250, an increase of $12,250 from 2011(+3.1%).
The average price was $468,360, an increase of $2,193 from 2011(+.5%).
Sales at 1132 were up 96, or +9.3% from 2011.
Inventory was down by 1269, or -27% from 2011.
New listings were down by 439, or -19% from 2011.
There's a 93-day supply of homes on the market. Last year in Sep we had a 138-day supply.
13% of the homes sold during the last week of Sep went for list price or higher
Historical Comparisons to the average of the past 3 years:
Sales in Sep were up 4.5%
New listings were down 12%
Inventory was down 18%
Median price is up 3.9%
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Aug 2012 Stats Update
Shortage of inventory continues: down 23%
The median price was $420,000, an increase of $17,750 from 2011(+4.4%).
The average price was $475,272, an increase of $21,303 from 2011(+4.7%).
Sales at 1169 were up 63 or +6% from 2011.
Inventory was down by 1041, or -23% from 2011.
New listings were down by 301, or -14% from 2011.
There's a 90-day supply of homes on the market. Last year in Aug we had a 123-day supply.
7% of the homes sold during the last week of Aug went for list price or higher
Historical Comparisons to the average of the past 3 years:
Sales in Aug were up 8%
New listings were down 9%
Inventory was down 18%
Median price is up 5.2%
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July 2012 Stats Update
Year-to-date sales up 19%, inventory down 21%
The median price was $419,000, an increase of $10,000 from 2011(+2.4%).
The average price was $478,375, an increase of $22,525 from 2011(+4.9%).
Sales at 1387 were up 234 or +20% from 2011.
Inventory was down by 990, or -21% from 2011.
New listings were down by 162, or -8% from 2011.
There's a 78-day supply of homes on the market. Last year in July, we had a 120-day supply.
15% of the homes sold over the last 3 days of July went for list price or higher
Historical Comparisons to the average of the past 3 years:
Sales in July were up 14%
New listings were down 7%
Inventory was down 19%
Median price is up 4.8%
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June 2012 Stats Update
Year-to-date sales up 19%, inventory down 20%
The median price was $430,000, an increase of $12,750 from 2011.
The average price was $489,271, an increase of $9,691from 2011.
Sales at 1609 were up 211 or +15% from 2011.
Inventory was down by 930, or -20% from 2011.
New listings were down by 52, or -2% from 2011.
There's a 72-day supply of homes on the market. Last year in June, we had a 102-day supply.
48% of the homes listed in May already have a firm sale
Historical Comparisons to the average of the past 3 years:
Sales in June were up 12%
New listings were down 3.9%
Inventory was down 19%
Median price is up 4.4%
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May 2012 Stats Update
Million $ sales set all-time record in May with 75
The median price was $436,000, an increase of $13,000 from 2011.
The average price was $501,973, an increase of $12,491 from 2011.
Sales at 1713 were up 400 or +31% from 2011.
Inventory was down by 777, or -17% from 2011.
New listings were up by 170, or 7% from 2011.
There's a 69-day supply of homes on the market. Last year in May, we had a 105-day supply.
48% of the homes listed in April already have a firm sale
Historical Comparisons to the average of the past 3 years:
Sales in May were up 24%
New listings were up 5%
Inventory was down 18%
Median price is up 6.1%
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April 2012 Stats Update
Highest SFH April sales since 2007
The median price was $421,000, an increase of $1,000 from 2011.
The average price was $483,165, an increase of $3,590 from 2011.
Sales at 1588 were up 371 or +30% from 2011.
Inventory was down by 823, or -21% from 2011.
New listings were up by 7, or less than 1%.
There's a 66-day supply of homes on the market. Last year in April, we had a 108-day supply.
51% of the homes listed in March already have a firm sale
Historical Comparisons to the average of the past 3 years:
Sales in Apr were up 23%
New listings were down 6%
Inventory was down 21%
Median price is up 3.8%
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March 2012 Stats Update
Highest SFH sales in 32 months
The median price was $412,000, an increase of $12,000 from 2011.
The average price was $472,465, an increase of $9,518 from 2011.
Sales at 1576 were up 218 or +17% from 2011.
Inventory was down by 657, or -16% from 2011.
New listings were down by 83, or -2%.
There's a 63-day supply of homes on the market. That's the lowest amount in 32 months. Last year in March, we had a 90-day supply.
48% of the homes listed in February already have a firm sale
Historical Comparisons to the average of the past 3 years:
Sales in Mar were up 23%
New listings were down 5%
Inventory was down 19%
Median price is up 3.2%
Feb 2012 Stats Update
Inventory shortage creates higher prices in Feb
The median price was $413,000, an increase of $13,000 from 2011.
The average price was $468,756, an increase of $6,970 from 2011.
Sales at 1290 were up 121 or +10% from 2011.
Inventory was down by 411, or -12% from 2011.
New listings were down by 257, or -11%.
There's a 72-day supply of homes on the market. That's the lowest amount in 27 months.
Condo median price was up $30,000 compared to January, or +12%.
Historical Comparisons to the average of the past 3 years:
Sales in Feb were up 28%
New listings were down 7%
Inventory was down 15%
Median price is up 4.5%
Overheard on the GreaterFool blog today: "Look at sales, not prices. Leading, not lagging indicators, matter." — Garth
Jan 2012 Stats Update
The median price was $395,000, an increase of $5,000 from 2011.
The average price was $438,683, a decrease of $15,480 from 2011.
Sales at 773 were down 18, or 2.3% from 2011.
Inventory was up by less than 1%
New listings were down by 226, or 11.6%
Historical Comparisons to the average of the past 3 years:
Sales in Jan were up 10.3%
New listings were down 10.9%
Inventory was down 6%
Median price is up 1.9%
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